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thank you. >> woodruff: this turned out to be a long day of waiting for final action on the "fiscal cliff" bill that cleared the senate early today. in the house, the measure ran into republican demands for more spending cuts, and its prospects for passage there dimmed. congress began the new year having missed its deadline to keep tax cuts from rising back to 1990's levels for most americans. and to prevent across-the-board spending cuts. instead, house republicans and democrats spent much of the day mulling a bill that cleared the senate shortly before 2:00 a.m. >> the yeah's are 89. the nays are 8. 60-vote threshold having been achieved the bill as amended is passed. >> woodruff: the senate bill makes permanent the bush era tax cuts for 99% of families, those with incomes under $450,000 a year. anything over that amount would be taxed at a rate of 39.6% up from the current 35. the agreement would raise the estate tax on large estates to 40%. but the payroll tax cut of the last two years would expire. the bill also extends unemployment benefits for a year and it stops a cut in medicare
thank you. >> woodruff: this turned out to be a long day of waiting for final action on the "fiscal cliff" bill that cleared the senate early today. in the house, the measure ran into republican demands for more spending cuts, and its prospects for passage there dimmed. congress began the new year having missed its deadline to keep tax cuts from rising back to 1990's levels for most americans. and to prevent across-the-board spending cuts. instead, house republicans and...
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. >> thanks. >>> still ahead tonight, recovering from the fiscal cliff now that we have gone over local lawmakers that talk about a possible deal. >>> then a little later, some changes on the road as we need to head into the new year. >>> and up next stopping the cycle of the domestic violence for the help of local heros. stay with us. we'll be right back. >>> just in the last fiscal cliff alone. today's hero central, they celebrate with the life and what it can and be for survivors for the help of the northern coalition health of services. >> it is very scary. and never been by myself. they slipped trying to take the kids. >> reporter: four years ago she took the first step away from a life of domestic violence. >> my husband kicked me out. i have three kids. i'm going to a shelter and kind of a big place to be in. >> novaco is sed dated to help -- is dedicated to help victims recover from abuse. >> people get into a cycle of abuse without realizing and then it escalates. so it doesn't go away. somebody doesn't walk down the hall or into a house to hit somebody. it usually starts with
. >> thanks. >>> still ahead tonight, recovering from the fiscal cliff now that we have gone over local lawmakers that talk about a possible deal. >>> then a little later, some changes on the road as we need to head into the new year. >>> and up next stopping the cycle of the domestic violence for the help of local heros. stay with us. we'll be right back. >>> just in the last fiscal cliff alone. today's hero central, they celebrate with the life and...
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. >> doug, thank you. returning now to the latest developments in the fiscal cliff negotiations. republican members of the house will meet for a second time today in just about ten minutes. at 5:15, to talk about how they want to move this bill that came from the senate forward. jennifer johnson joins us now from capitol hill. jennifer, republicans have strong feelings about this senate measure. what are the chances we are going to see an up or down vote on this? >> reporter: i would say an up and down vote on the bill the senate passed at 2:00 this morning, very unlikely. the house may take a vote on an amended bill. the senate has just sent word if an amended bill is sent to the senate, the senate will not act on it and this entire fiscal crisis will be passed on to the new congress which comes to work on thursday. >> is that because the -- senate -- for the most part has already left? >> well, senate leaders remain in session and they already decided if there was going to be a vote on the bill that they sent to the house they could do it without a roll call and do it and pass
. >> doug, thank you. returning now to the latest developments in the fiscal cliff negotiations. republican members of the house will meet for a second time today in just about ten minutes. at 5:15, to talk about how they want to move this bill that came from the senate forward. jennifer johnson joins us now from capitol hill. jennifer, republicans have strong feelings about this senate measure. what are the chances we are going to see an up or down vote on this? >> reporter: i...
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>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're going to show you how it impacts view your bottom line. >>> and what about the secretary of state? her dangerous blood clot. what could that mean for hillary clinton and her political future? i'm wolf blitzer. you're in "the situation room." right now we're following breaking news. all eyes are in the house of representatives where lawmakers are weighing the future of a bill that's now effectively a fiscal cliff fix. no vote has been scheduled on the bill that the senate passed in the middle of the night after steep tax cuts and spending cuts kicked in. speaker john boehner has been t
>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're...
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. >>> breaking news, house republicans have just wrapped up a meeting to discuss the fiscal cliff deal worked out by vice president joe biden and senate m minority leader mitch mcconnell. the deal which passed overnight will see income taxes rise on individuals making over $450,000 a year, and families making over $550,000 a year. let's listen in now as house democrats speak. >> caucus meeting which -- in which the vice president not only roused the entire membership, but also gave us a very thoughtful and detailed explanation of what's gone on, and how it was that he and the president working with the democratic and republican leaders in both houses were able to come together on this compromise. we first want to say thank you to the vice president for being so gracious. quite honestly, so frank in his conversation with us in explaining as much as he could about what's transpired over the last several weeks. we now are waiting to hear from our republican colleagues, whether or not they want to do what the senate did in a very bipartisan fashion and give the men people an opportunity to
. >>> breaking news, house republicans have just wrapped up a meeting to discuss the fiscal cliff deal worked out by vice president joe biden and senate m minority leader mitch mcconnell. the deal which passed overnight will see income taxes rise on individuals making over $450,000 a year, and families making over $550,000 a year. let's listen in now as house democrats speak. >> caucus meeting which -- in which the vice president not only roused the entire membership, but also...
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it is like, my god, the fiscal cliff, the fiscal cliff. we'll deal with it in two months. jessica yellin, so much more to talk to you about. we'll check in later, but thanks so much. >>> as we wait for republicans and democrats to come to the microphones, one democrat just left the meeting, he's going to be joining us next. sten to thesy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today,
it is like, my god, the fiscal cliff, the fiscal cliff. we'll deal with it in two months. jessica yellin, so much more to talk to you about. we'll check in later, but thanks so much. >>> as we wait for republicans and democrats to come to the microphones, one democrat just left the meeting, he's going to be joining us next. sten to thesy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i...
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host: back to your phone calls as we got the update on the fiscal cliff negotiations. this is jerry in longview, texas. caller: hi, thanks for taking my call. it is disheartening to hear the republicans demonized. i'm 65 and i had my son and my grandson living with me and i'm on disability and every month have a budget to live by. we don't believe in debt. the main thing, my statement is, or what i'm concerned about, why can't our country and our lawmakers see that they should have to set a budget and live responsiblely and handle our economy responsiblely just like people out here in the real world have to do every day without going into debt. can i get an opinion on that please? host: not from me but make some other callers would like to share their thoughts. this is todd. caller: i don't know if the viewers know this but at 2:20 this morning the president signed an executive order giving all members of congress a pay increase. now we're talking about the fiscal cliff and they are giving themselves a raise. this is what i propose, this congress does nothing anyway, t
host: back to your phone calls as we got the update on the fiscal cliff negotiations. this is jerry in longview, texas. caller: hi, thanks for taking my call. it is disheartening to hear the republicans demonized. i'm 65 and i had my son and my grandson living with me and i'm on disability and every month have a budget to live by. we don't believe in debt. the main thing, my statement is, or what i'm concerned about, why can't our country and our lawmakers see that they should have to set a...
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you. >> okay. >> while the deal on the fiscal cliff got brought by partisan support, there are a lot of people on the left and the right unhappy. >> are you one of the folks that thinks the president hasn't played hardball enough is this. >> on revenues, no. >> this was our best opportunity to get a substantial contributor to a broad agreement. there's a lot of disappointment on the revenue outcome. on the other hand, there's two other issues that the president had to pay attention to. one is the broad affect of the -- on the economy, and this is a do no harm outcome as far as the economy is concerned. >> republicans ask democrats, whatever your point of view, is we've got that triple play or triple jeopardy we're saying. we're just going to have that nightmare scenario in a couple of months. >> sense you brought up the whole overall affect on the economy, we all know what happened with this debt ceiling fight. >> we had our first credit downgrade, number one. number two, it cost american taxpayers about $90 billion in additional interest payments over the next ten years, and then th
you. >> okay. >> while the deal on the fiscal cliff got brought by partisan support, there are a lot of people on the left and the right unhappy. >> are you one of the folks that thinks the president hasn't played hardball enough is this. >> on revenues, no. >> this was our best opportunity to get a substantial contributor to a broad agreement. there's a lot of disappointment on the revenue outcome. on the other hand, there's two other issues that the president had...
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thank you very much. deal or no deal, rolling doesn't fiscal cliff. this is the gridlock in washington. this is your taxes. this is your family. this is your future. visit ireport.cnn.com. share your messages. we'll put it on the air. let us know what you think about all of this. what? [ male announcer ] alka-seltzer plus severe cold and flu fights your worst flu symptoms, plus that cough. [ sighs ] thanks!... [ male announcer ] you're welcome. >>> deal or no deal. we asked you to weigh in on the fiscal cliff debate. here what happens some of you had to say. listen in in my new year's message to washington, this entire fiscal cliff problem isn't just an isolated incident. it's representative of how partisanship and polarization have taken over congress. i'm 18. i used to be excited for the future. but i don't want to live in a country that doesn't have a successful working legislator. congress, it's time for you to remember what your purpose really is, get back to doing your job. >> resolution for washington is to get out of the middle east, learn to
thank you very much. deal or no deal, rolling doesn't fiscal cliff. this is the gridlock in washington. this is your taxes. this is your family. this is your future. visit ireport.cnn.com. share your messages. we'll put it on the air. let us know what you think about all of this. what? [ male announcer ] alka-seltzer plus severe cold and flu fights your worst flu symptoms, plus that cough. [ sighs ] thanks!... [ male announcer ] you're welcome. >>> deal or no deal. we asked you to...
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. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax, that was a big sticking point for lawmakers, and now the tax rate goes up to 40% for estates that are valued over $5 million. so if you're under $5 million, you skated there too. other key points are an extension of the long-term unemployment benefits. the renewal of tuition and child care tax credits and then something called the doc fix. it reimburses doctors who take medicare patients. and what about the automatic spending cuts that were supposed to go into effect today? doomsday, yikes. they put those off. but only for two months. t
. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax,...
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the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who want to pass this bill. the faster you're able to get something to the floor and get it through a vote, the more likely you are to attract these conservatives and liberals, by the way, who might otherwise find a reason to vote against it. if the longer they take their time to sort of talk it through and go through the bill's details moment by moment, the more you'll get pressure from the outside and pressure from groups like everybody from the progressive campaign committee on the left to the heritage action and for growth on the right. the outside influences wi
the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who...
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they were up against the fiscal cliff. and the senate has acted to avoid a massive tax increase for every american. now it is up to the house, heather? heather: thank you very much. mike emanuel reporting live for us. i have a feeling we'll check back in with you once or twice today. >> reporter: thank you. sure. rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached its $16.4 trillion borrowing limit. he says the government is now employing, quote, extraordinary measures in order to avoid default, no word how lawmakers will resolve huge differences raising debt limit, the debt ceiling but it could be just a matter of weeks before the government defaults. heather: the supreme court's chief justice weighing in on the country's physical problems. saying the judicial branch gets a minuscule fraction of the nation's trillion dollar budget. it has already done its part when it comes to cost cutting. he is cal
they were up against the fiscal cliff. and the senate has acted to avoid a massive tax increase for every american. now it is up to the house, heather? heather: thank you very much. mike emanuel reporting live for us. i have a feeling we'll check back in with you once or twice today. >> reporter: thank you. sure. rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached...
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thank you for joining us. >> thank you. >> as the details of the fiscal cliff deal were coming together monday republicans were expressing their displeasure with how the president was selling the compromise. it wasn't just the words he used at a monday afternoon news conference but the optics of the president literally standing with the middle class voters that upset some of them including his 2008 opponent senator john mccain. >> as i sort out my impressions of the president's remarks as to whether to be angry or to be saddened. we have the president of the united states go over and have a cheerleading, ridiculing of republicans exercise. >> joining us now are our strats chris cofinas and chip salzmann. thank you for being here on this new year's day. >> thank you. so, chris, i want to start with you. are these attacks on the president's news conference fair? did that photo op with voters really risk derailing a deal? >> well, there have been a lot of things that risk derailing a deal. the president going out there and using the bully pulpit to pressure republicans if you will to come
thank you for joining us. >> thank you. >> as the details of the fiscal cliff deal were coming together monday republicans were expressing their displeasure with how the president was selling the compromise. it wasn't just the words he used at a monday afternoon news conference but the optics of the president literally standing with the middle class voters that upset some of them including his 2008 opponent senator john mccain. >> as i sort out my impressions of the...
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the latest on the fiscal cliff. we are waiting for the house of representatives. to see if we can avoid the fiscal cliff and also watching the bay area weather. checking in with with your holiday forecast. >> happy 2013. clear skies and sunshine a bit chilly in the north bay. we did have some areas of a frost but that sunshine will stick around. 50s. this frees one in will go into effect and the frost advisory. freeze-- will go into effect-36 in santa rosa. we are no longer freezing but upper 40's in oakland. i will show you where these numbers are expected to go. fans how about checking in your commute to. >> there is a problem in san francisco is a fatal accident in the mission district. likely, this business south of van ness. it is in the center of this accident. this is also on self van ness. the adjacent streets. we are on our way. police say two people died and three others were injured in a new year's eve shooting. after a fight in a restaurant in the old sacramento area. it happened last night outside the sports corner cafÉ. people were gathered in old s
the latest on the fiscal cliff. we are waiting for the house of representatives. to see if we can avoid the fiscal cliff and also watching the bay area weather. checking in with with your holiday forecast. >> happy 2013. clear skies and sunshine a bit chilly in the north bay. we did have some areas of a frost but that sunshine will stick around. 50s. this frees one in will go into effect and the frost advisory. freeze-- will go into effect-36 in santa rosa. we are no longer freezing but...
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. >> thank you. >>> that senate vote avoids the so-called dairy fiscal cliff. it exlends through -- it extends through september. without that legislation, milk prices were expected to double next month up to as much as $8 a gallon. >>> doctors now say secretary of state hillary clinton will make a full recovery from a blood clot in her head. doctors say the clot is in a vein between her brain and her skull and it's right behind her right here. she's being treated with blood thinners. once the doctors find the right level of medication, sect clinton is expected to be -- secretary clinton is expected to be released. she reportedly is making excellent progress and is said to be in good spirits. >>> meantime, there is a senate report out about the ben ghazi, libya attack. it -- benghazi, libya attack. some republicans have questioned whether the president's staff may have rewritten the statements for political reasons. >>> 7:49. tonight, vigils will be held in two east bay communities for a young woman what died after being gang raped in india. the attack has spar
. >> thank you. >>> that senate vote avoids the so-called dairy fiscal cliff. it exlends through -- it extends through september. without that legislation, milk prices were expected to double next month up to as much as $8 a gallon. >>> doctors now say secretary of state hillary clinton will make a full recovery from a blood clot in her head. doctors say the clot is in a vein between her brain and her skull and it's right behind her right here. she's being treated with...
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♪ >>> back to the fiscal cliff. all but five republican senators voted to pass the bill put together by senator mcconnell and vice president biden last night. among those voting in the affirmative, north dakota's republican senator john hoeven. senator hoeven, thank you for joining me. happy new year. >> happy new year, chris. >> you talked about the possibility for tax reform and social security reform. are you disappointed the senate couldn't come up with a bigger deal? >> i was pushing hard for a big deal that included tax reform, entitlement reform and savings, real savings to get on top of the deficit and the debt. but you know, we can't do the whole thing at once, let's get as much done as we can. we've got to move forward. this is a big step on the tax piece. more work to do. we've got to get after it. >> you're one of just a handful of congressional republicans who did not sign the norquist antitax pledge, but do you think that the fact that we technically went over the cliff gives house republicans who have
♪ >>> back to the fiscal cliff. all but five republican senators voted to pass the bill put together by senator mcconnell and vice president biden last night. among those voting in the affirmative, north dakota's republican senator john hoeven. senator hoeven, thank you for joining me. happy new year. >> happy new year, chris. >> you talked about the possibility for tax reform and social security reform. are you disappointed the senate couldn't come up with a bigger deal?...
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a quick look at the headlines beginning with breaking news on the fiscal cliff. the senate voted overnight approving a deal to head off tax increases on the middle class. under the agreement taxes would go up only on those making more than $400,000. the deal now goes to the house where a vote is expected today. >>> doctors in new york are giving new details about the condition of secretary of state hillary clinton. she's in the hospital being treated for a blood clot that formed near her brain. she's expected to make a full recovery. >>> icy conditions were a new year's eve hazard for air passengers in kansas city. planes had to be de-iced during a snowstorm at the airport. its forecast to remain cold through the week and drivers are being warned about the dangers of black ice this morning. >>> there will be storms and flooding along the gulf coast and into the carolinas today and very cold temperatures remain in the nation's midsection. >> that's the latest. >> all right now that we've put 2012 to bed. we want to find out what's going to be hot in 2013. lara act
a quick look at the headlines beginning with breaking news on the fiscal cliff. the senate voted overnight approving a deal to head off tax increases on the middle class. under the agreement taxes would go up only on those making more than $400,000. the deal now goes to the house where a vote is expected today. >>> doctors in new york are giving new details about the condition of secretary of state hillary clinton. she's in the hospital being treated for a blood clot that formed near...
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thanks. >> good to see you, chris, thanks. >> up next, the fiscal cliff and you. what the deal struck last night by the senate means for your bottom line. >>> plus, we'll also have the latest on secretary of state hillary clinton's condition. she continues to get treatment for a blood clot in a new york hospital. >>> and then later, coming to a theater near you. the new movies hitting the big screen in 2013. which will be the blockbusters and which won't be worth your buck? >>> so, here we are, 98% of americans will avoid a tax hike in the new year, of course, if the house goes along with the fiscal cliff deal that was reached in the senate very early this morning. individuals earning $400,000 a year, couples earning $450,000, will see their income taxes rise on amounts above their annual salary. and in addition to income taxes, the senate plan prevents other tax hikes and extends key benefits. here to talk about what this fiscal cliff deal could mean to you is retail and economic analyst hitha. >> happy new year. >> a lot of people breathing a sigh of relief, obv
thanks. >> good to see you, chris, thanks. >> up next, the fiscal cliff and you. what the deal struck last night by the senate means for your bottom line. >>> plus, we'll also have the latest on secretary of state hillary clinton's condition. she continues to get treatment for a blood clot in a new york hospital. >>> and then later, coming to a theater near you. the new movies hitting the big screen in 2013. which will be the blockbusters and which won't be worth...
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. >> john boehner is not endorsing the agreement on the so-called fiscal cliff. he has promised to vote on it right away. he is expected to encounter opposition. one camp earlier said, "it's three strikes in my book and i will be voting no on this bill." the legislation would impose a hardship and fall short on addressing the need in spending. president obama praised the agreements. coats to place on the other side of the capital on issues other than the so-called fiscal cliff. -- votes took place on the other side of the capital. extra cash for the fight against al qaeda and the fight against foreign governments trying to spy on the united states. mike rogers said the bill holds personnel levels at last year's level. dutch ruppersberger said the bill invests in programs that are working and cuts things that are not. the house meets today at noon eastern. watch the house live on c-span tv. those are some of the latest headlines on c-span radio. [video clip] >> a lot of people that i know looking back on the last 40 years will say that ever since apollo, the space
. >> john boehner is not endorsing the agreement on the so-called fiscal cliff. he has promised to vote on it right away. he is expected to encounter opposition. one camp earlier said, "it's three strikes in my book and i will be voting no on this bill." the legislation would impose a hardship and fall short on addressing the need in spending. president obama praised the agreements. coats to place on the other side of the capital on issues other than the so-called fiscal cliff....
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thank you. >>> amid secretary clinton's illness and the fiscal cliff, americans rang in the new year in spectacular style. 1 million in times square welcomed in 2013. and in lean, the georgia peach was lowered as the new year arrived there. in las vegas, where everything is big and over the top, it was an amazing fireworks display over the vegas strip. just in case anyone missed the point that it was 2013, the fireworks telling them that it had officially begun. very cool. >> they think big there. >> they know how to throw a party time to time. > >>> two planes damaged in forth lauderdale, florida. there was a gash in the tail section of the united plane, no fuel leak from either aircraft, and luckily no injuries rorpted. refer. >> off the coast of alaska, coast guard and tugboat crews are trying to pull an oil rig into safe waters. lines were reattached, but 60-mile-an-hour wind and 28-foot high waves in the forecast for today. officials fear a fuel spill if that rig is grounded. >>> and those were wedding bells ringing in the stroke of midnight in maryland. that's when same-sex mar
thank you. >>> amid secretary clinton's illness and the fiscal cliff, americans rang in the new year in spectacular style. 1 million in times square welcomed in 2013. and in lean, the georgia peach was lowered as the new year arrived there. in las vegas, where everything is big and over the top, it was an amazing fireworks display over the vegas strip. just in case anyone missed the point that it was 2013, the fireworks telling them that it had officially begun. very cool. >>...
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senate voted on a deal to avert the fiscal cliff. however, members of the house left capitol hill yesterday without voting on any proposal. so to break it down what it means we are joined by renee marsh in washington this morning. and we are a few hours removed from the senate passing the agreement. >> reporter: that's right. this happened in the wee hours of the morning. that vote happened around 2:00 in the morning. but it was a long night but when we saw vice president joe biden make his way to capitol hill, that's when many of the observers knew that the negotiators had really struck a deal and we were moving forward here. of course vice president joe biden as well as senate republican leader mitch mcconnell were key in negotiating this deal. they are being referred to as the closeers here. so this all happened last night. joe biden met with fellow democrats and briefed them on where they were as far as the compromise. legislation was then drawn up and the senate met arounded 2 -- did around the 2:00 hour and cast the votes and t
senate voted on a deal to avert the fiscal cliff. however, members of the house left capitol hill yesterday without voting on any proposal. so to break it down what it means we are joined by renee marsh in washington this morning. and we are a few hours removed from the senate passing the agreement. >> reporter: that's right. this happened in the wee hours of the morning. that vote happened around 2:00 in the morning. but it was a long night but when we saw vice president joe biden make...
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thanks so much. >> thank you. happy new year. >> have you had enough of the fiscal cliff? that phrase, one of the many that americans want banned in this new year. wait until you hear what else is on that list. >> chances are you watched the times square ball dropped. but down south it was all about the peach. we're going to show you all the bizarre and unusual new year's eve traditions next hour. i love that peach down in georgia. ♪ it's the end of the world ♪ ♪ as we know it ♪ and i feel fine there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. means the world to me. and one of the most important things any parent can do is
thanks so much. >> thank you. happy new year. >> have you had enough of the fiscal cliff? that phrase, one of the many that americans want banned in this new year. wait until you hear what else is on that list. >> chances are you watched the times square ball dropped. but down south it was all about the peach. we're going to show you all the bizarre and unusual new year's eve traditions next hour. i love that peach down in georgia. ♪ it's the end of the world ♪ ♪ as we...
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there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8. the republican-controlled house left well before midnight last night, so they will have to take up the measure later this morning. here's how the two senate leaders summed up their night. >> i'm disappointed that we weren't able to make the grand bargain as we tried to do for so long. but we tried. >> so it took an imperfect solution to prevent our constituents from a very real financial pain. but in my view, it was worth the effort. >> so here's what the senate plan means for you. bush-era tax cuts extended for people earning less than $400,000 a year. and couples earning less
there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8....
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"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes andpending cuts begin taking fect tomorw. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's no
"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes andpending cuts begin taking fect tomorw. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority...
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[applause] >> the white house and senate leaders reached a bipartisan compromise on the fiscal cliff that will allow tax breaks to rise on income over $450,000. of the house still needs to vote on the measure. on today's washington journal we will get the latest on the fiscal cliff. at 8:30 eastern, another expert. washington journal, each morning at 7:00 a.m. eastern. >> next, a discussion on the history and influence of media. host,hear from npr looking at the current state of media, coverage of the 2012 election, and changes since the golden age of television. this event was posted by the new york institute of technology. it's an hour and 20 minutes. fabrics are moderator tonight is a professor of media studies at fordham university. he is the author of four books on cultural programming. for 15 years he was the head of special projects at the directors guild. he frequently moderates events around the city for the screen actors guild, the producers guilds, bafta, the academy of promotion pictures arts and sciences, and for us. next, we cannot be honored and delighted to have the m
[applause] >> the white house and senate leaders reached a bipartisan compromise on the fiscal cliff that will allow tax breaks to rise on income over $450,000. of the house still needs to vote on the measure. on today's washington journal we will get the latest on the fiscal cliff. at 8:30 eastern, another expert. washington journal, each morning at 7:00 a.m. eastern. >> next, a discussion on the history and influence of media. host,hear from npr looking at the current state of...
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. >> thank you. >>> despite the uncertainty over the fiscal cliff stocks rallied this year. that could change on wednesday depending on what happens tomorrow. the dow is up 166 to 13,104. >>> while there is still no deal on the fiscal cliff lawmakers reached an agreement to keep milk prices from going up. we are waiting on the house to vote on it. if they don't do it before midnight it defaults back to a 1949 statute. the government would be forced to buy milk at twice today's price. >>> the united states hit its debt limit today, borrowing $16.4 trillion. the treasury department is taking measures to buy time till february. after that the treasury will not be able to pay bills in full and own time setting the stage for another fight on capitol hill. >>> sad new year's eve for a family and the entire prince william county police departmentarve an officer a-- department after an officer was killed. >> reporter: chris yung was on his way to a call when this crash happened. >> really sad. and really hard for our families. the kids played together. chris was already running arou
. >> thank you. >>> despite the uncertainty over the fiscal cliff stocks rallied this year. that could change on wednesday depending on what happens tomorrow. the dow is up 166 to 13,104. >>> while there is still no deal on the fiscal cliff lawmakers reached an agreement to keep milk prices from going up. we are waiting on the house to vote on it. if they don't do it before midnight it defaults back to a 1949 statute. the government would be forced to buy milk at twice...
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we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight. the house remain as juniored until noon tomorrow. no matter what, the nation will go off the cliff in a few minutes, at mid might eastern, at least temporarily. nancy pelosi released a statement, just a short time ago, saying in part "when a final agreement is reached and passed by the senate, i will present it to the house democratic caucus." for republican reaction, let's bring in political analyst and former chair of the rnc, michael steele, happy almost new year. >> happy almost new year, milissa. did you ever think this is what we would be doing tonight? >> i did not. but in all fairness, we could h
we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight....
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i'm getting a lot of tweets from people who just are tired of fiscal cliff coverage. they just want to see megyn kelly and bill in times square dancing gangnam style or whatever they are doing. >> happy new year. >> take me out of fiscal cliff, washington. >> see yew in a minute, bret. happy new year. >> get you your feather boa ready. >> coming back to talk to you in just a minute. we'll be back with megyn and bill in just a minute. this is so so soft. hey hun, remember you only need a few sheets. hmph! [ female announcer ] charmin ultra soft is made with extra cushions plus you can use four times less. charmin ultra soft. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science
i'm getting a lot of tweets from people who just are tired of fiscal cliff coverage. they just want to see megyn kelly and bill in times square dancing gangnam style or whatever they are doing. >> happy new year. >> take me out of fiscal cliff, washington. >> see yew in a minute, bret. happy new year. >> get you your feather boa ready. >> coming back to talk to you in just a minute. we'll be back with megyn and bill in just a minute. this is so so soft. hey hun,...
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you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon tomorrow. house minority leader nancy pelosi released a statement just minutes ago saying in part "when a final agreement is reached and passed by the senate i will present it to the house democratic caucus." vice president joe biden who worked for the past hours with senate minority leader mitch mcconnell, worked to reach the deal. for more, i am joined by the vice president's former chief economist and adviser, jared burnstein. >> well, it is nice to be with you, with what sounds like some progress on the hill. >> are there any surprises for you in all of this, and how it is going down? >> well, i was a bit surprised by
you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon...
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. >>> right off the top, breaking news from capitol hill, just two hours from the fiscal cliff deadline the white house has reached adeal with congressional republicans. which thanks for joining us tonight. i'm maureen umeh. the deal would delay harsh spending cut for two months, but it appears the house will not vote before tonight's midnight deadline. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place. we can do this. we must do this. >> reporter: though it is down to the wire. >> it's december the 31st! january 1st is tomorrow, 2013, taxes go up. >> reporter: a frustrated senator john kuhn said the senate should have acted months ago to keep the economy from going off the fiscal cliff. >> i just find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz, you know, i really hope we can get something done here in the last day as we put two people together basically to resolve this. >> reporter: the two people were senate republican le
. >>> right off the top, breaking news from capitol hill, just two hours from the fiscal cliff deadline the white house has reached adeal with congressional republicans. which thanks for joining us tonight. i'm maureen umeh. the deal would delay harsh spending cut for two months, but it appears the house will not vote before tonight's midnight deadline. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the...
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we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new year's eve. kimberly, love it or hate it? >> kimberly: i love new year's eve. it usually work new year's eve. but you get off in midnight just in time for celebratory inebry yens. >> eric: how you? >> juan: i'm not crazy about it. i bet somebody else is having a better time. >> eric: that is sad. >> juan: going at it. >> kimberly: glass half ful full. >> juan: but i think i make you in puerto rico around new year's eve. it ran in geraldo at the restaurant and i thought it was fox in puerto rico. >> eric: we met in a hot tub. [ laughter ] i think that is juan williams. >> andrea: is that where the story ends? >> eric:
we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new...
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>> thank you, kelly o'donnell, we'll be back with more on the fiscal cliff negotiations, when we return. you're watching msnbc, the place for politics. [ sniffs ] [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. >>> welcome back to msnbc's breaking news coverage of the fiscal cliff deal that is being struck on capitol hill. i am being joined now on the phone by krystal ball, co-host of msnbc's "the cycle." thank you for taking time out of your new year's eve, this is big news. how do you think progressives will react to it? >> you know, i think it will be a mixed bag, and happy new year's to you. just how we want to spend it. i think it is going to be a mixed bag, you know, speaking for myself i actually think this is an okay deal. of course there is disappointment about elevating the tax rate from 250, to 400, singles, couples, i think that is disappointing to a lot of liberals and progressives. but there is also an ext
>> thank you, kelly o'donnell, we'll be back with more on the fiscal cliff negotiations, when we return. you're watching msnbc, the place for politics. [ sniffs ] [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. >>> welcome back to msnbc's breaking news coverage of the fiscal cliff deal that is being struck on...
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gerri: coming up next, the fiscal cliff into plain english or maybe just simple arithmetic. at the bottom of the york, what should investors expect? will the fiscal ) as of them? don't go away. ♪ >> my new year's resolution is to keep going with my personal trainer. ♪ gerri: up next, some of those trillion dollar figures into persctive. the spending gerri: there is a reason we call this segment back of the envelope. we try to explain in plain english some of the more complicated financial issues. the big issue today, the fiscal cliff. and you may be asking yourself, why is this so importat? what is so cataclysmic about our nation's finances that we need to implement these monster tax increases and make draconian spending cuts. well, if you want to understand the government and its problems, take a lookat these numbers. let's start with tax revenue. these are the nation's tax revenues. what you have your is just over 2 trillion in income. that's all it is really. and look at these euros. a very big number. the spending in the federal budget. you will notice to these numbe
gerri: coming up next, the fiscal cliff into plain english or maybe just simple arithmetic. at the bottom of the york, what should investors expect? will the fiscal ) as of them? don't go away. ♪ >> my new year's resolution is to keep going with my personal trainer. ♪ gerri: up next, some of those trillion dollar figures into persctive. the spending gerri: there is a reason we call this segment back of the envelope. we try to explain in plain english some of the more complicated...
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what's below the "fiscal cliff." the bay area stores taking a big bite at the cash register. >> the state supreme court working on the last day of 2012. the ruling for amusement park park rides. >> as we head to the break another new year's celebration. taiwan's celebration centered around taipei 101 the world's second tallest building. organizers say the fireworks design was conceptualized around igor stravinsky's ballet, firebird. and on that elegant note, we'll be back. next stop on our global new year's to ,,,,,,,,,,,,,, >>> welcome back to cbs 5 eyewitness news at 6:00. as we continue to sort of globe trot around earth, this stop hong kong, a spectacular pyrotechnic show. it ended at the harbor front of the the entire show there lasted about 8 minutes. >>> and isn't it something is this. >> gorgeous. >> yeah. >>> every new year brings new changes some good, some not so good. one such change will come at the cash register. get ready to pay more for everything starting tomorrow. cbs 5 reporter mike sugerman with t
what's below the "fiscal cliff." the bay area stores taking a big bite at the cash register. >> the state supreme court working on the last day of 2012. the ruling for amusement park park rides. >> as we head to the break another new year's celebration. taiwan's celebration centered around taipei 101 the world's second tallest building. organizers say the fireworks design was conceptualized around igor stravinsky's ballet, firebird. and on that elegant note, we'll be back....
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we are three hours and about 46 and a half minutes away from this fiscal cliff deadline and, oh, yes, 2013. keep it here on "special report." every year we pick a new city to explore. but thanks to hotwire, this year we got to take an extra trip. because they get us ridiculously low prices on really nice hotels and car rentals. so we hit boston in the spring-- even caught a game. and with the money we saved, we took a trip to san francisco. you see, hotwire checks the competitions' rates every day so they can guarantee their low prices. so, where to next? how about there? ♪ h-o-t-w-i-r-e... ♪ hotwire.com i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. >> bret: whipping the republican vote on a possible deal. kyl said no, there are meetings happening behind the scenes. and you can see there is senator kyl's office in the distance. this is jus
we are three hours and about 46 and a half minutes away from this fiscal cliff deadline and, oh, yes, 2013. keep it here on "special report." every year we pick a new city to explore. but thanks to hotwire, this year we got to take an extra trip. because they get us ridiculously low prices on really nice hotels and car rentals. so we hit boston in the spring-- even caught a game. and with the money we saved, we took a trip to san francisco. you see, hotwire checks the competitions'...
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no stopping america right now from going over the fiscal cliff. tonight, the senate may vote on a plan. tonight, the democratic sources, democratic sources telling us that the vice president, joe biden, is now heading to the senate to meet with leaders there. but the house has already called it a night earlier today the president knocked republicans for dragging out these negotiations. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone, if they think that's going to be the formula for how we solve this thing, then they've got another thing coming. that's not how it's going to work. >> joining us tonight, our political analyst, roland martin, and tim carney, the senior political columnist for the "washington examiner." roland, the president was tough in his remarks earlier today. that resulted in severe criticism from republicans. listen to this. >> well, he kind of made fun, made a couple jokes, laughed about how people are going to be here for new year's. sent a message of confrontation to the repu
no stopping america right now from going over the fiscal cliff. tonight, the senate may vote on a plan. tonight, the democratic sources, democratic sources telling us that the vice president, joe biden, is now heading to the senate to meet with leaders there. but the house has already called it a night earlier today the president knocked republicans for dragging out these negotiations. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone, if...
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fiscal cliff negotiations. you're watching msnbc, the place for politics. opened a new world. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ] go open a new world, with visa prepaid. more people go with visa. >>> coming up, it was the tape everyone was talking about. we'll look at how mitt romney's 47% comments changed the presidential race. and later, from voter purchase to long lines, americans faced many obstacles to cast their vote this november. >>> ohio state senator nina turner joins me to discuss the fight for the right to veto. we'll be right back with our special edition of "the ed show," a salute to the middle class heroes. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup in their arteries. so it's even more
fiscal cliff negotiations. you're watching msnbc, the place for politics. opened a new world. ♪ i have direct deposit on my visa prepaid. my paycheck is loaded right on my card. automatic. i am not going downtown standing in line to cash it. i know where my money is, because it is in my pocket. i got more time with my daughter, we got places to go. [ freeman ] go open a new world, with visa prepaid. more people go with visa. >>> coming up, it was the tape everyone was talking about....
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we may hear the fiscal cliff come out oof bill hemmer and megyn kelly's mouth. thank you. great stuff. don't miss bill and megyn tonight on the all american new year's eve right here on fox news channel. 11:00 p.m. eastern time. believe me, it is well worth your time it is great fun out there in times square. of course, you might want to drink your champagne responsibly. at least if you are planning to get behind the wheel tonight. we'll break down the facts and the myths behind drinking and driving next. plus, a big day of shakeups in the national football league where teams have sacked not one but seven head coaches. black monday at the nfl as "the fox report" continues on this new year's eve. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospec
we may hear the fiscal cliff come out oof bill hemmer and megyn kelly's mouth. thank you. great stuff. don't miss bill and megyn tonight on the all american new year's eve right here on fox news channel. 11:00 p.m. eastern time. believe me, it is well worth your time it is great fun out there in times square. of course, you might want to drink your champagne responsibly. at least if you are planning to get behind the wheel tonight. we'll break down the facts and the myths behind drinking and...
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goes over the fiscal cliff? that and much more when our special coverage continues. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's heal
goes over the fiscal cliff? that and much more when our special coverage continues. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep...
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"fiscal cliff." the country will officially go over it tonight. congress will miss a midnight deadline. so what now? will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation to vote on yet. there is every indication officially it's over that cliff we go. some things are settled. others are still in flux. that is where it starts to get technical. so let's bring in fox team coverage to straighten it out. chief white house correspondent ed henry looks at messaging and movement from president obama today. first, chief congressional correspondent mike emanuel on what seems to have been settled and how and what is still up in th
"fiscal cliff." the country will officially go over it tonight. congress will miss a midnight deadline. so what now? will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the...
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"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes and spending cuts begin taking effect tomorrow. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but i
"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes and spending cuts begin taking effect tomorrow. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate...
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Jan 1, 2013
01/13
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less than five hours in the fiscal cliff they're claiming they're willing to compromise. it is quite a laughable concept. i hope they get their act together. thank you for your time. >> i think both parties knew that both taxes have to be raised. is a terrible that we got involved and two wars. knowing wants to be held responsible. they pose some areas to the other one. they cannot possibly excepted. the end result is taxes will go up. no one is when to be responsible. we have to be responsible for the bad choices they make since we chose bad leaders. we are going to have to divide this terrible sandwich and pay a lot more. a lot of people are going to suffer. host: we have one dead. she is in carthage, texas. are you there? caller: i think our white house is like a spoiled child. they do not want to get in to helping get what you really need. it the democrats would go ahead and agree on these spending cuts, this is not going to do us any good. they're talking about the taxes that would have tonight. the whole idea is this supposed to go on. we are not accomplishing anyth
less than five hours in the fiscal cliff they're claiming they're willing to compromise. it is quite a laughable concept. i hope they get their act together. thank you for your time. >> i think both parties knew that both taxes have to be raised. is a terrible that we got involved and two wars. knowing wants to be held responsible. they pose some areas to the other one. they cannot possibly excepted. the end result is taxes will go up. no one is when to be responsible. we have to be...
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Dec 31, 2012
12/12
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. >> bob bazell, thank you so much. when we return, back to the fiscal cliff. were there any winners and losers in this months' long battle and where do we go from here? you're watching msnbc, the place for politics. at that. here? >>> welcome back. we are here with continuing coverage of last-minute negotiations aimed at avoiding going over the fiscal cliff. earlier today we heard from president obama who expressed frustration that congress has yet to come to an agreement. >> i have to say that ever since i took office, throughout the campaign, and over the last couple of months, my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain, whatever you want to call it that solves our deficit problems in a balanced and responsible way, but with this congress this was obviously a little too much to hope for at this time. it may be we can do it in stages. we're going to solve this problem, instead, in several steps. one thing we can count on with respect to this congress is that if there's even on
. >> bob bazell, thank you so much. when we return, back to the fiscal cliff. were there any winners and losers in this months' long battle and where do we go from here? you're watching msnbc, the place for politics. at that. here? >>> welcome back. we are here with continuing coverage of last-minute negotiations aimed at avoiding going over the fiscal cliff. earlier today we heard from president obama who expressed frustration that congress has yet to come to an agreement....
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Dec 31, 2012
12/12
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fiscal cliff. here's what both sides are considering in a potential deal right now. an increase in tax rates for families making over $450,000 a year. extending unemployment benefits. and an increase in the estate tax. the president seemed hopeful but cautious when he addressed the american people earlier today. >> today, it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> let's get straight to our chief white house correspondent jessi jessica yellin. she's over at the white house with the very latest. the president seems pretty optimistic that it's within a few hours we could have a deal, right? >> reporter: wolf, the people i just spoke to here say they are no more or less optimistic than they were this morning. which is to say they are not cueing the confetti just yet. senator mitch mcconnell, the republican leader on the hill, is still t
fiscal cliff. here's what both sides are considering in a potential deal right now. an increase in tax rates for families making over $450,000 a year. extending unemployment benefits. and an increase in the estate tax. the president seemed hopeful but cautious when he addressed the american people earlier today. >> today, it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve. but we're hopeful that...